📊 $SUI – Selling pressure increases, Short side dominates
🗓️ Friday, 15/08/2025
📰 The crypto market is experiencing a strong correction due to global risk sentiment.
💰 Current price: 3,757 USDT – Below MA7 (3,8438), MA25 (3,7746) → Weak short-term trend.
📈 RSI(14): ~50.9 – Balanced but showing signs of decline. MACD: slight bearish crossover signal → Weakening momentum.
📊 OI: ~88.8M, slightly increased → Leveraged money flow is still participating. Long/Short Ratio (Top Trader) has decreased significantly, with the Short side dominating. Funding rate: 0.0100% → Leaning towards Short.
⚡ Basis near -0.0007 → Defensive sentiment.
🎯 Preferred trend: SHORT 📉 (Sell) – Probability 65%
📍 Entry: 3.75 – 3.80
🎯 TP1: 3.60 ~ -4%
🎯 TP2: 3.45 ~ -8%
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💡 Did you know?
Open Interest (OI) is the total of open contracts that have not been settled. When OI increases alongside a price decrease, it often signals that more Short positions are being opened, increasing downward pressure on prices.